Top executives’ great famine experience and stock price crash risk
buir.contributor.author | Şensoy, Ahmet | |
buir.contributor.orcid | Şensoy, Ahmet|0000-0001-7967-5171 | |
dc.citation.epage | 101564- 17 | en_US |
dc.citation.spage | 101564- 1 | en_US |
dc.citation.volumeNumber | 59 | en_US |
dc.contributor.author | Cui, X. | |
dc.contributor.author | Sun, M. | |
dc.contributor.author | Şensoy, Ahmet | |
dc.contributor.author | Wang, P. | |
dc.contributor.author | Wang, Y. | |
dc.date.accessioned | 2023-02-15T11:53:30Z | |
dc.date.available | 2023-02-15T11:53:30Z | |
dc.date.issued | 2021-10-09 | |
dc.department | Department of Management | en_US |
dc.description.abstract | Using Chinese stock market data, we examine the impact of top executives’ great famine experience on stock price crash risk. We provide insights on the consequences of early-life disaster experience and the underlying mechanisms through which top executives’ famine experience affects crash risk. Evidence shows that, firms led by top executives who experienced the great famine in early-life have lower stock price crash risk. In addition, these firms have higher information transparency and lower information risk, which ultimately reduce the future stock price crash risk. And the effect varies with top executives’ growth stage, firm characteristics, and external monitoring. | en_US |
dc.description.provenance | Submitted by Ezgi Uğurlu (ezgi.ugurlu@bilkent.edu.tr) on 2023-02-15T11:53:30Z No. of bitstreams: 1 Top_executives’_great_famine_experience_and_stock_price_crash_risk.pdf: 629586 bytes, checksum: 458bf7f73c6881386ad89f06ecd6a64e (MD5) | en |
dc.description.provenance | Made available in DSpace on 2023-02-15T11:53:30Z (GMT). No. of bitstreams: 1 Top_executives’_great_famine_experience_and_stock_price_crash_risk.pdf: 629586 bytes, checksum: 458bf7f73c6881386ad89f06ecd6a64e (MD5) Previous issue date: 2021-10-09 | en |
dc.embargo.release | 2024-10-09 | |
dc.identifier.doi | 10.1016/j.ribaf.2021.101564 | en_US |
dc.identifier.eissn | 1878-3384 | |
dc.identifier.issn | 0275-5319 | |
dc.identifier.uri | http://hdl.handle.net/11693/111347 | |
dc.language.iso | English | en_US |
dc.publisher | Elsevier Inc. | en_US |
dc.relation.isversionof | https://doi.org/10.1016/j.ribaf.2021.101564 | en_US |
dc.source.title | Research in International Business and Finance | en_US |
dc.subject | Top executive | en_US |
dc.subject | The great Chinese famine | en_US |
dc.subject | Stock price crash risk | en_US |
dc.title | Top executives’ great famine experience and stock price crash risk | en_US |
dc.type | Article | en_US |
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